Country data
Main cities:
Baghdad (capital), Mosul, Basrah, Erbil Population:
34 million
GDP (current US$):
215,8 billion
Urbanization rate:
66%
Infodent International 2/2014
GDP per capita (current US$, Purchasing Power Parity):
7,435
38 focus
According to the IMF’s prudent estimate, Iraq’s economy will grow by 6% during 2014, mainly led by exports of 2.6 million oil barrels per day. Central Bank of Iraq is pressing ahead with the improvement of its operations and the reform of the financial sector by preparing new central bank, commercial bank, and anti-money laundering/combating the financing of terrorism legislation, and introducing a new payment system.